February 20th, 2018

Business

As ‘Black Panther’ shows, inclusion pays at the box office

By Jake Coyle, The Associated Press on February 20th, 2018

NEW YORK – A lavish, headline-grabbing premiere. Lightning word-of-mouth stoked by glowing reviews. Packed movie theatres with sold-out shows, long lines and fans decked out as characters from the film. The phenomenon of “Black Panther” had the look and feel of a classic, bona fide blockbuster in route to its record-setting $201.8 million debut over ... Read More »

Be the first to comment!

Marijuana producer Aphria lowers cash portion of offer for Nuuvera

By The Canadian Press on February 20th, 2018

LEAMINGTON, Ont. – Licensed marijuana producer Aphria Inc. is reducing the amount of cash it is offering for medical cannabis firm Nuuvera Inc. The company says it lowered the offer after reaching an agreement with Nuuvera. Aphria says it is now offering 60 cents in cash plus 0.3546 of an Aphria share for each Nuuvera ... Read More »

Be the first to comment!

Indian companies tell Trudeau they will invest more than $1 billion in Canada

By The Canadian Press on February 20th, 2018

MUMBAI, India – Some of Indians biggest companies say they will invest more than $1 billion in Canada in the coming years in everything from pulp mills to pharmaceuticals and the IT sector. The news came after Prime Minister Justin Trudeau spent his third morning in India meeting with six of this country’s most influential ... Read More »

Be the first to comment!

Hamilton considering legislation to limit number of payday loan outlets

By Tara Deschamps, The Canadian Press on February 20th, 2018

City of Hamilton councillors are set to vote on whether the number of payday loan outlets should be capped at 15. The radial separation legislation they’ll consider on Tuesday is aimed at keeping payday loan companies from targeting low-income communities, whose members often turn to the high-interest businesses in desperation, but fall further into debt ... Read More »

Be the first to comment!

B.C. finance minister says budget will make life more affordable for residents

By The Canadian Press on February 20th, 2018

VICTORIA – It’s budget day in B.C. and New Democrat Finance Minister Carole James says her financial plan will look much different than those put forward by the previous Liberal government. James bucked tradition yesterday, opting to read a children’s book to three- and four-year-olds at a child-care centre instead of buying a new pair ... Read More »

Be the first to comment!

Motown Museum event to honour black family-owned businesses

By The Associated Press on February 19th, 2018

Detroit’s Motown Museum is organizing an event to celebrate the entrepreneurial legacy of the Gordy family and black family-owned businesses in honour of Black History Month. The event, which is free and open to the public, is scheduled for Feb. 28 at TechTown. The program will be moderated by Paul Riser Jr., one of the ... Read More »

Be the first to comment!

Minnesota’s $5B case over 3M chemicals heads to trial

By The Associated Press on February 19th, 2018

MINNEAPOLIS – Minnesota officials will soon try to convince a jury that manufacturer 3M Co. should pay the state $5 billion to help clean up environmental damage that the state alleges was caused by pollutants the company dumped for decades. The long-awaited trial begins Tuesday in Minneapolis. Experts say it could have wide-reaching implications if ... Read More »

Be the first to comment!

Budget to focus on middle class as fewer Canadians identify as middle class

By Levi Garber, The Canadian Press on February 19th, 2018

OTTAWA – Computer programmer David Galvin should be the quintessential beneficiary of next week’s federal budget, which is expected to continue the Liberals’ persistent rhetoric and focus on bolstering the middle class. He is educated, has had a career in advanced technology and lives in the economic heartland of southern Ontario. But Galvin no longer ... Read More »

Be the first to comment!

Banker: “Nightmare” dodging extortion attempts in Latvia

By Carlo Piovano, The Associated Press on February 19th, 2018

LONDON – Latvia’s top banking official, a key member of the European Central Bank, has been accused by local bank Norvik of seeking kickbacks, trying to launder Russian money and retaliating against the bank when it refused to play by the “rules of the game.” In a high-stakes drama for the tiny Baltic country, Ilmars ... Read More »

Be the first to comment!

Judge grants $300M loan for Puerto Rico power company

By Danica Coto, The Associated Press on February 19th, 2018

SAN JUAN, Puerto Rico – A federal judge on Monday approved a $300 million loan for Puerto Rico’s power company that officials say will help keep the troubled agency operating until late March. The ruling comes just days after the judge had rejected an initial $1 billion loan request made by a federal control board ... Read More »

Be the first to comment!